Friday, February 15, 2013 9:15 AM
TAX CUTS MUST TARGET ECONOMIC GROWTJH
Broad cuts have not filled the promises of job growth
Reagan 750B cut with 60% for top (70-28%) got only 140B increase in income tax revenue
His job growth was 175,000 per month to Carter's 218,000.
Bush tax cuts were targeted for the top incomes and go 31,000 jobs per month to Clinton's 237,000.
Bush had the worst economic and foreign policies in history.
It was Robber Baron era all over again.
Since 1945, Democratic presidents created twice s many jobs as Republican presidents.
Since 1980-2009, three Republican presidents---Republican Senate for 18 years—Republican House for 12 years plus total control for 12 years by Republicans.
Took 600B budget to 3500B
A surplus to 1400B Deficit
Added 9000B of debt to a 1000B of debt in 1980
Created 99,0000 jobs per month to Carter + Clinton 222,000 per month
Initiated our involvement in 10 foreign conflicts
Carter + Clinton initiated zero.
Gave us Housing Disaster
Gave us Great Recession
Let Wall Street turn into a Gambling Casino not business investment Goliath
Flushed Wealth to top10%
Outsourced our industries and middle class jobs
Closed 58,000 plants in ten years
Hurt middle class by not increasing minimum wage to keep up with inflation
Destroyed union jobs
all for Wall Street $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ GOD
Left Obama a Hell on Earth